Honda Motor Co and General Motors Co formed an alliance to develop vehicles powered by hydrogen fueled cells within the next seven years. The alliance is in line with the industry wide effort to meet the standards set for global emissions rules and to cut down technology cost.
The partnership between Honda and GM was announced Tuesday. The two automotive giants are set to develop a new refueling infrastructure which will play a crucial role in the long term viability for fuel cell vehicles.
The soon to be developed vehicles are set to meet the standards for emission limits established in Europe, China and in the United States. GM and Honda are working closely with local governments for the expansion of hydrogen stations.
Other global automakers like Toyota and BMW are also outlining plans for fuel cell vehicles set to launch in 2020. Daimler, Nissan Motor Co and Ford Motor Co are also in the works and have formed alliances of their own to develop their own fuel cell vehicles.
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